Wirecard AG / Miscellaneous
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
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Munich/Grasbrunn, Manila, December 13, 2007: With immediate effect, the
presence of Wirecard AG has been extended to include the establishment of a
wholly-owned subsidiary in Asia. Wirecard Asia Pacific in Manila,
Philippines has been stepped up to prepare for expansion in the
Asian-Pacific market.
Markus Braun, CEO of Wirecard AG, explains: 'The decisive factor was that
we wanted to cooperate even more closely with our network of business
partners on site.'
Wirecard AG already cooperates, as a Payment Service Provider (PSP), with
one of the largest commercial banks in the Philippines. The numerous
customers already acquired in the region include the information and
communication technology provider ePLDT.
For Wirecard AG, the foundation of the subsidiary Wirecard Asia Pacific in
the Philippines represents an ideal base for the Asian Pacific market.
'The sharply rise in the number of our transactions worldwide is being
accompanied by the continual globalization of our products and services in
the business-to-business segment. In Manila, we have now set up a base from
which we can strategically reinforce our business with new customers in the
Asian and Pacific target countries', says Braun.
Wirecard Media Contact:
Wirecard PR&IR Office
Iris Stöckl
Bretonischer Ring 4
D-85630 Grasbrunn n. Munich (Germany)
Ph. : +49 (0) 89 4424 0424
Fax: +49 (0) 89 4424 0524
E-Mail: iris.stoeckl@wirecard.com
Internet: www.wirecard.com
About Wirecard AG:
Wirecard AG is one of the leading international providers of electronic
payment and risk management solutions. Worldwide, Wirecard supports over
7,000 companies from many and various industry segments in automating their
payment processes and minimizing cases of default. Wirecard Bank AG
provides account and credit card services both for business and private
customers and is a Principal Member of VISA, MasterCard and JCB. The
Internet payment service Wirecard enables consumers to make secure payments
at millions of MasterCard acceptance outlets worldwide. In addition,
registered users can send or receive money orders to each other on a
real-time basis. Wirecard AG is listed on the Frankfurt Securities Exchange
(TecDAX, ISIN DE0007472060, WDI).
13.12.2007 Financial News transmitted by DGAP
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Language: English
Issuer: Wirecard AG
Bretonischer Ring 4
85630 Grasbrunn b. München
Deutschland
Phone: +49 (0)89-4424 0400
Fax: +49 (0)89-4424 0500
E-mail: ir@wirecard.com
Internet: www.wirecard.com
ISIN: DE0007472060
WKN: 747206
Indices: TecDAX, Prime All Share, Technology All Share
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München
End of News DGAP News-Service
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